Publications - Tax
Spain is set to eliminate in its Budget Law the “regionalization” of the Tax on Hydrocarbons
The Bill for the 2018 General State Budget Law includes a measure which will eliminate the “regionalization” of the Tax on Hydrocarbons (IH), resulting in an increase in the rate of taxation at central government level.
The European Commission launches its proposals for the taxation of the digital economy
On March 21, 2018 the European Commission announced the submission of two legislative proposals to the European Council and the Parliament, with a view to ensuring the fair taxation of digital business activities in the EU.
Overpayment caused by a failure to take tax relief gives rise to late-payment interest
Tax Newsletter - March 2018
Tax China Newsletter - January / February 2018
This issue of Tax China Newsletter mainly includes: (1) Certain types of distributed profits re-invested in resident enterprise by overseas investors will enjoy beneficial tax deferral policy (Announcement of the State Administration of Taxation (…
The OECD and the European Union further shape their approaches to taxation of the digital economy
On March 16, 2018, the OECD published an interim report addressing the tax challenges of the digital economy. This report, which, for the moment, highlights the absence of true international agreement on the matter, lays the groundwork for moving…
Supreme Court’s radical shift: formal breaches in special and excise taxes cease to be essential
In its judgment of February 27, 2018, the Supreme Court analyzed whether the tax authorities could deny the application of a reduced rate or exemption in tax on oil and gas products where what is being challenged is not the use of the products but…
The Supreme Court makes an unexpected change to the legal treatment of executive directors’ compensation
In its judgment of February 26, 2018, the Supreme Court modified the interpretation given by most experts and authorities and by the Directorate-General of Registries and the Notarial Profession in its decision dated June 17, 2016, ratified by the…
The labour courts are competent to resolve income tax issues arising between companies and their employees
Tax Newsletter - February 2018
The personal income tax treatment of bitcoins and cryptocurrencies
Article by Álvaro de la Cueva and Carlos Gómez-Barrero, partners of the Tax department of Garrigues in Madrid ('elderecho.com'). CONTENT IN SPANISH
Gains on sales of bitcoins are not taxed under Portuguese tax law
Tax Portugal Newsletter - January 2018
New regulation will allow the disposal of pension funds after 10 years, before retirement
On February 10, 2018, the Official State Gazette published Royal Decree 62/2018, of February 9, 2018, amending the Regulations on the funding of companies’ pension commitments with workers and beneficiaries, approved by Royal Decree 1588/1999…
The new manual of tax benefits sets the rules of the game for the valuation of advertising